Hong Kong Stock
Exchanges and Clearing Limited and The Stock Exchange of Hong Kong
Limited take no responsibility for the contents of this
announcement, make no representation as to its accuracy or
completeness and expressly disclaim any liability whatsoever for
any loss howsoever arising from or in reliance upon the whole or
any part of the contents of this announcement.
ZHEJIANG EXPRESSWAY CO.
LTD
(A joint stock limited company incorporated in the People's Republic of China with limited
liability)
(Stock code: 0576)
THE PROPOSED SPIN-OFF AND
SEPARATE LISTING OF SPINCO
ON THE SHANGHAI STOCK
EXCHANGE
LISTING OF SPINCO
The announcement is made by the Board of the Company pursuant to
Rule 13.09(2) of the Listing Rules and the inside information
provisions under Part XIVA of the Securities and Futures Ordinance
(Chapter 571 of the Laws of Hong
Kong).
Reference is made to the announcement of the Company dated
2 May 2017, 7
May 2013, 23 May 2017 and
13 June 2017 (the
"Announcements") in relation to the Proposed Spin-off of
SpinCo by way of A Share Listing of SpinCo on the Shanghai Stock
Exchange. Terms defined in the Announcements shall have the same
meanings herein, unless the context otherwise requires.
The Board hereby announces that (i) the Proposed Spin-off and
the Offering have been completed; and (ii) listing of SpinCo on the
Shanghai Stock Exchange took place on
26 June 2017.
On behalf of the
Board
Zhejiang Expressway Co., Ltd.
ZHAN Xiaozhang
Chairman
Hangzhou, the PRC, 26 June 2017
As at the date of this announcement,
the executive directors of the Company are: Mr. ZHAN Xiaozhang, Mr. CHENG Tao and Ms. LUO
Jianhu; the non-executive directors of the Company are: Mr. WANG
Dongjie, Mr. DAI Benmeng, and Mr.
ZHOU Jianping; and the independent non-executive directors of the
Company are: Mr. ZHOU Jun, Mr. PEI Ker-Wei and Ms. LEE Wai Tsang,
Rosa.